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Borrowing(s)

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Definition overview

1 Definition

Contractual arrangement where the University obtains funds in return for interest being paid for the use of such funds. Examples include but are not limited to overdrafts, loans, leases, letters of credit and guarantees. Excludes hire-purchase agreements and credit card facilities.

2 References

UniSQ Defined.

3 Definition Information

Approved Date

2/12/2020

Effective Date

2/12/2020

Record No

15/3525PL

Complying with the law and observing Policy and Procedure is a condition of working and/or studying at the University.

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